India’s flat-share platform, Zolostays, is in talks with Swiss investment bank Credit Suisse to raise around $100 million, according to a report by Press Trust of India. “We are in talks with Credit Suisse to raise $100 million in a Series C round to fund our expansion plans to increase…
Comments closedMonth: December 2019
Mumbai-based online pharmacy startup PharmEasy has raised $220 million in a fresh round of financing led by Singapore state investment firm Temasek Holdings. The development was first reported by BloombergQuint, which cited unidentified sources. DealStreetAsia independently confirmed the funding with a source close to the development. Canada’s second-largest pension fund…
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An entrepreneur who founded a crowdfunding software firm after a career as an accountant with Deloitte and BT has been named chief executive of the year by judges of a Scottish technology awards scheme. Jude Cook established Edinburgh-based ShareIn in 2011 and it has since developed into one of Scotland’s…
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Getting student loans for higher education in developing countries is a daunting task. According to India-based EdTech startup Credenc, 30% of Indian students’ families sell assets to fund their education. 20% borrow from local money lenders at rates as high as 3% a month. Another 30% give up on a…
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Japan’s Yusaku Maezawa on Friday posted footage of a $900 million payday for the fashion magnate following his sale of a stake in Zozo Inc, the online fashion retailer he founded, to SoftBank Group Corp. In a video posted to YouTube, Maezawa visited a Tokyo bank to update his bank…
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It’s time to expand the horizons of microscopy, according to Israeli startup Augmentiqs, as the instruments — used for seeing small objects invisible to the naked eye — have remained essentially unchanged since their invention some 400 years ago. It’s still an “analog box that uses glass and light”, said…
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As an interior designer, Nicole Gibbons was used to friends asking for decorating advice. And in 2016, one needed help selecting paint, so Gibbons consulted a well-regarded brand’s website — and found it impossible to navigate. The lightbulb went off: She could create a direct-to-consumer paint brand that offered a…
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Ockam raises $4.9 million in seed funding to make it easier for developers to secure and scale their IoT apps Ockam, a two-year-old, Bay Area-based company that’s selling tools to developers so they can establish an “architecture for trust” within their connected device applications, has raised $4.9 million in seed…
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Garrett Camp, who came up with the idea for Uber, never drove a taxi. Joe Gebbia and Brian Chesky, who devised Airbnb, never worked at a hotel. They’re all outsiders who used software to massively disrupt established orders they were never a part of and had no interest in preserving.…
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Financial institutions know how to calculate the risk of serving traditional businesses, although for the firms touching cryptocurrency, the math is still a bit fuzzy. The assumption of added regulatory hurdles and money-laundering fears, have led to a widespread problem, and most likely your bank would rather just not deal…
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